Europe

UK - Pensions ombudsman David Laverick will no longer automatically defend his determinations in the High Court.

UK - The £750m Cambridgeshire County Council Pension Fund is dropping JPMorgan Fleming Asset Management, claiming poor performance.

UK - Watson Wyatt partner Stephen Oxley has left the firm to move into hedge funds.

UK - Gartmore Investment Management has made Paul Grainger senior investment manager of its fixed income team.

NORWAY - The massive E81bn Statens Petroleumsfond (Government Petroleum Fund) has added three new managers to its roster.

UK - Aberdeen Asset Management has appointed Iain Reid, chief executive of Aberdeen Property Investors (API), to its board.

EUROPE - EU moves to harmonise tax relief for pension schemes may be boosted by a legal battle between Skandia and the Swedish government, lawyers claim.

UK - SBJ Professional Trustees is holding a trustee training day at The Brewery in Chiswell Street, London, on October 2.

UK - Railway workers could be called out on strike if firms try to close final salary schemes to new members.

UK - London-based multi-managers io investors, has unveiled a new defensive equity fund to the wider market.